Plaintiff brings this Complaint on behalf of a class of persons or entities who purchased or otherwise acquired the common stock of Bed Bath & Beyond Corporation ("BBBY") during the Class Period. The Complaint includes both class action and derivative claims.

The Complaint alleges that as a result of materially false statements regarding the financial condition and holding situation of BBBY during the Class Period, the stock price of BBBY was artificially inflated. The Complaint further alleges that Defendants, knowing that the information they disclosed was false, took advantage of the inflated stock price and used fraudulent and misleading SEC filings to sell all their BBBY shares and options at artificially inflated prices to unsuspecting and innocent public investors and then retained control of the profits.

Plaintiff refiled the Complaint on August 24, 2022 to correct filing errors. Plaintiff filed an Amended Complaint on November 2.

On November 16, 2022, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed a second Amended Complaint on January 30, 2023. Defendants filed Motions to Dismiss the second Amended Complaint on March 15. On July 27, the Court issued an Order denying in part and granting in part Defendants' Motions to Dismiss. Claims against one of the individual Defendants were dismissed.

On February 15, 2024, Lead Plaintiff filed a Motion for Class Certification. On September 27, the Court issued an Order denying Plaintiff's Motion for Class Certification.

On May 6, 2025, the parties stipulated to voluntarily dismiss the case with prejudice.